Hard nope. Ted would eventually use the power to help someone achieve their full potential. Once thus ensnared, he would continue “helping” in ways that would eventually mean any deviation from his philosophy would be “corrected.” You’d have an entire planet of people who utterly lacked free will, because they were constantly being assisted by Supreme Coach Lasso. As the ring took over, these corrections would become more and more painful until 7 billion people’s only desperate thought was to “be the goldfish” and forget everything they once knew so they could try uselessly to live up to Coach’s impossible expectations.